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SBI economists see Q2 GDP growth slowing down to 6.5%; FY25 growth to be closer to 7%
Economists at SBI predict a dip in India's GDP growth to 6.5% for the September quarter, citing pre…
McDonald's sales dropped for the 2nd quarter in a row as customers keep tightening their belts
Global sales at the Golden Arches fell 1.5%, driven by international markets, especially France, th…
Nora Redmond
Global manufacturing production rapidly moving toward emerging markets like India, says IMF
The International Monetary Fund (IMF), in its latest World Economic Outlook report, has highlighted…
ANI
US economic growth came in slightly under expectations but consumer spending remains strong
While third-quarter GDP came in at 2.8% compared to 3% expectations, 2024 continues to be a strong …
Madison Hoff
Why the interest-rate cut isn't delivering the relief consumers were hoping for
The 10-year Treasury yield went above 4%, leaving consumers facing high borrowing costs despite the…
Dan DeFrancesco
Things are looking up for the economy. So why are consumers still unhappy?
US consumers' confidence in the economy has dropped over finding another job. But new payroll data …
Dan DeFrancesco
Why inflation isn't returning to pre-pandemic levels — and 3 trades to capitalize on an overheating economy
Steven Blitz expects inflation to creep higher as increasing debt, changing demographics, and inter…
Christine Ji
A key US consumer indicator has dipped to 'crisis levels,' SocGen says
The US personal savings rate has dropped below 3%, a level historically associated with recessions,…
Jennifer Sor
78 pc of consumers choose digital banking over cash transactions
Nearly 80 per cent of financial institutions have seen an increase in cashless transactions over th…
ANI
America's shopping spree is over and retailers are facing a new world of cautious consumers
76% of consumers said they planned to trade down in the next quarter, spelling trouble for the weak…
Jennifer Sor
LVMH is waiting for China's consumers to shop at home
LVMH is continuing to spend big on marketing in China, even amid the country's economic gloom.
Huileng Tan
These 3 indicators are pointing to a healthy labor market similar to the pre-pandemic boom, according to Goldman Sachs
Investors shouldn't be anxious about the labor market preventing a soft landing, says Goldman's Jos…
Christine Ji
'A major shift in consumer preferences towards larger homes', says Anarock report
The average flat sizes in India's top seven cities have surged by 32% over the past five years, wit…
ANI
Indian economy likely to grow at 7-7.2 percent in FY25,Deloitte India says
Deloitte India forecasted a 7-7.2% growth rate for the Indian economy this fiscal year, citing stro…
PTI
Trump called inflation a disaster for consumers — and Musk blamed it on government waste
Higher food costs are pinching budgets and inflation eroded the value of savings, Donald Trump said…
Theron Mohamed
Companies are going bankrupt at the fastest pace since the pandemic
Bankruptcy filings this year are at the highest level in 13 years for this time of year, S&P Global…
Filip De Mott
Delinquent debt is piling up. Here's why it's not a reason to worry about the US consumer, according to BofA CEO Brian Moynihan.
More credit card debt and car loans transitioned into late payment status last quarter, per the New…
Jennifer Sor
Wages have outpaced inflation since 2020 but many consumers still feel burdened by prices
On average, wages have outpaced inflation since the pandemic, but even with those gains, plenty of …
John Towfighi
One of the pandemic's biggest booms has finally gone bust
What see-saw prices for wood tell us about America's economic future.
Emily Stewart
Cows are now spreading bird flu to each other — here's why that's problematic for humans
Avian influenza H5N1 has spread to US cattle, raising concerns about its potential to infect mammal…